- Opening bank accounts
- AML consulting
- Business support
- Сompanies for sale
An important step in the work of financial companies, such as payment institutions and e-money issuers, is the opening of an account for storing client funds (Safeguarding). The presence of such an account is required to obtain a payment license in Europe, since the Safeguarding account is a guarantee of the safe storage of client funds. However, not all banks are ready to cooperate with fintech companies.
Sometimes banks in Europe take more than six months to open such an account. This aspect, as well as the detailed preparation of documents, can take you a lot of time and effort. With our help and knowledge of the banking environment, the Safeguarding account opening procedure will go smoother. We know which banks are better to choose, how to prepare documents, and submit an application.
Ability to separate clients' money from other funds
Blocking access of third parties to client funds
Compliance with the conditions for obtaining an EMI and PSP licenses